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Globe’s subsea cable investment seen to supercharge PH digital ambitions

Globe Telecom Inc is poised to significantly boost the country’s global connectivity with its entry into the Candle Cable System, a major subsea network across Asia, a report by BMI said.

DTI extends price freeze as fuel costs ease

Department of Trade and Industry (DTI) has extended the price freeze on basic necessities and prime commodities (BNPCs) until May 10, citing easing fuel costs that continue to help stabilize consumer prices.

Angara-Mathay pushes unified drive to boost inclusive tourism growth

Tourism Secretary Dita Angara-Mathay has called for a more coordinated push across the sector to sustain tourism’s role as a driver of inclusive economic growth, emphasizing its impact on livelihoods, enterprises, and communities nationwide.

BSP welcomes Moody’s vote of confidence on PH banks, reserves

The Bangko Sentral ng Pilipinas (BSP) in Friday welcomed Moody’s latest assessment affirming the country’s strong banking system and external finances, saying it reflects a stable and resilient economy.

Study unveils ‘enzyme hijacking’ strategy for smarter drugs

A new study highlights an emerging class of drug design that could sharpen the fight against infections, cancer, and neurological diseases by turning the body’s own chemistry against itself.

Just in

PhilExport urges MSMEs to turn trade deals into export wins

The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.

DA asks Senate to back P198.4-B 2027 budget to protect farmers, secure food

The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.

DOE stands firm on new coal bidding rules to bolster national energy strategy 

The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.

Vingroup plans $500M EV plant in Philippines, EVIS role unclear

The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.
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